ACLS Stock | | | USD 75.07 1.79 2.44% |
Axcelis Technologies financial indicator trend analysis is way more than just evaluating Axcelis Technologies prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Axcelis Technologies is a good investment. Please check the relationship between Axcelis Technologies Property Plant Equipment and its Common Stock Shares Outstanding accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Axcelis Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Axcelis Stock please use our
How to Invest in Axcelis Technologies guide.
Property Plant Equipment vs Common Stock Shares Outstanding
Property Plant Equipment vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Axcelis Technologies Property Plant Equipment account and
Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Axcelis Technologies' Property Plant Equipment and Common Stock Shares Outstanding is -0.04. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Axcelis Technologies, assuming nothing else is changed. The correlation between historical values of Axcelis Technologies' Property Plant Equipment and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Axcelis Technologies are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Property Plant Equipment i.e., Axcelis Technologies' Property Plant Equipment and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.04 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant Equipment
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from Axcelis Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Axcelis Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Axcelis Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Axcelis Stock please use our
How to Invest in Axcelis Technologies guide.
Tax Provision is likely to gain to about 26
M in 2024, whereas
Selling General Administrative is likely to drop slightly above 35.1
M in 2024.
Axcelis Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Axcelis Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Axcelis Technologies fundamental ratios Accounts
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Additional Tools for Axcelis Stock Analysis
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measure Axcelis Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Axcelis Technologies is operating at the current time. Most of Axcelis Technologies' value examination focuses on studying past and present price action to
predict the probability of Axcelis Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axcelis Technologies' price. Additionally, you may evaluate how the addition of Axcelis Technologies to your portfolios can decrease your overall portfolio volatility.